Regulation 17 Unlawful aid investigation
(1)
If the CMA decides to open an investigation under regulation 15(5)(c), the CMA must carry out such investigations as it considers appropriate to take a decision under paragraph (2).
(2)
The CMA must, after carrying out an investigation, decide—
(a)
whether the alleged unlawful aid constitutes unlawful aid; and
(b)
if so, whether to approve the aid.
(3)
The CMA may consider the alleged unlawful aid as modified by the aid grantor if the CMA considers it appropriate to do so.
(4)
If the CMA approves the aid, the aid is considered to have been approved in accordance with Article 108(3) of the TFEU.